401(k) · DOL Form 5500 · 2023

Globalstar Inc 401(k) Plan

Data updated 2026-08-25

$47M
Total assets Below avg plan size
245
Participants Below avg headcount
85th
Percentile by assets National rank
$189,988
Avg per participant Above avg balance/head
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Official DOL plan name: The Savings Plan of Globalstar, Inc · Sponsored by Globalstar Inc · Louisiana · Information & Media

$47M in assets, 245 participants

Globalstar Inc's The Savings Plan of Globalstar, Inc reported $47M in total assets and 245 participants in its 2023 DOL Form 5500 filing, ranking in the 85th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,213 in Information & Media (2,818 peers)

Coverage in Louisiana

The Savings Plan of Globalstar, Inc covers 245 participants in Louisiana, about 49% of the average Louisiana filer (state average ~495 per filing). Assets: $47M.

#2,213
in Information & Media (2,818 peers)
+17.8%
assets growth YoY
0.5×
vs typical plan assets (national mean)

The Savings Plan of Globalstar, Inc's outsized position by total assets

The Savings Plan of Globalstar, Inc vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$46,546,969 Top 15% higher than 85% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

The Savings Plan of Globalstar, Inc among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Savings Plan of Globalstar, Inc sits mid-pack in the medium band (245 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Savings Plan of Globalstar, Inc reported net income rose from -$6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • The Savings Plan of Globalstar, Inc end-of-year assets rose from $40M in the plan year 2022 filing to $47M in the plan year 2023 filing.
  • The Savings Plan of Globalstar, Inc reported participants rose from 241 in the plan year 2022 filing to 245 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 412116508 · Globalstar Inc PY 2023 · 401(k)

The Savings Plan of Globalstar, Inc · $47M · 245 · 85th

  • BOOK $47M
  • VS-ST 245
  • BOY 85th
  • SCH 401(k)
  • EBSA near Panorama Orthopedics PC Profit Sharing Plan
  • PART ind #2213

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Information & Media retirement plans → · Plans in Louisiana →

The Savings Plan of Globalstar, Inc in the asset neighbourhood

Iqor Retirement Savings Plan$47MThe Savings Plan of Globalstar, IncThe Savings Plan of Globalst…$47MPanorama Orthopedics PC Profit Sharing PlanPanorama Orthopedics PC Prof…$47MDatwyler Parco Holdings, Inc. 401(k) PlanDatwyler Parco Holdings, Inc…$47MC. Overaa & Co. Profit Sharing 401(k) PlanC. Overaa & Co. Profit Shari…$47M
End-of-year total assets ($M) among The Savings Plan of Globalstar, Inc and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Louisiana filing particulars

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$47M
Net Income$7M
Employer EIN412116508
Plan Effective Date2001-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Globalstar Inc)

Sponsor-wide plan assets over time

All Globalstar Inc plans reported in each filing year

Latest sponsor-wide plan assets
$53M 34.96972403777998% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $39.5M $53.3M ▲ +35.0%
Year Plans Participants Total Assets
2022 2 270 $40M
2023 1 245 $47M
2024 1 262 $53M

Nearby 401(k) Plans in Louisiana

Peer 401(k) plans, same state, same plan type, ranked by total assets.

The Savings Plan of Globalstar, Inc vs. nearby 401(k) plans in Louisiana, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants The Savings Plan of Globalstar, Inc, Total assets ($B): 0.046546969 · Participants: 245The Savings Plan of Globalstar, IncLumen 401(k) Savings Plan, Total assets ($B): 7.140330247 · Participants: 24522Lumen 401(k) Savings PlanSavings Plan of Entergy Corporation and Subsidiaries, Total assets ($B): 3.827701341 · Participants: 10136Savings Plan of Entergy Corporation and SubsidiariesOchsner Clinic Foundation 401(k) Plan, Total assets ($B): 2.304723514 · Participants: 31221Ochsner Clinic Foundation 401(k) PlanLouisiana Children's Medical Center Retirement and Savings Plan, Total assets ($B): 0.866658906 · Participants: 12934Louisiana Children's Medical Center Retirement and Savings PlanAmedisys Holding, LLC 401(k) Plan, Total assets ($B): 0.849210896 · Participants: 20100Amedisys Holding, LLC 401(k) Plan
The Savings Plan of Globalstar, Inc vs. nearby 401(k) plans in Louisiana, assets vs. participants
Compare The Savings Plan of Globalstar, Inc side-by-side with 3 peers →

The Savings Plan of Globalstar, Inc's out-of-state 401(k) peers by assets and headcount

Outside Louisiana, the nearest 401(k) by assets is Panorama Orthopedics PC Profit Sharing Plan in CO ($47M); by covered participants it is Win It America Inc 401(k) Plan in CA (245 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($47M here).

Similar participant headcount

Nearest other-state filings by covered participants (245 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Savings Plan of Globalstar, Inc assets move in 2023? ▼
The Savings Plan of Globalstar, Inc grew sharply - up 17.8% during 2023, from $40M to $47M. Reported net income was $7M.
How have Globalstar Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Globalstar Inc's sponsor-wide assets grew 35.0%, from $40M to $53M.
Where does The Savings Plan of Globalstar, Inc rank by assets among Form 5500 filers? ▼
The Savings Plan of Globalstar, Inc ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Savings Plan of Globalstar, Inc? ▼
Among 401(k) plans in other states, the closest by assets is Panorama Orthopedics PC Profit Sharing Plan in CO ($47M, 620 participants).
Which 401(k) plans cover a similar participant headcount to The Savings Plan of Globalstar, Inc? ▼
Among 401(k) plans in other states, the closest by covered participants is Win It America Inc 401(k) Plan in CA (245 participants, $428K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 412116508.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.